U.S. Deputy Treasury Secretary says not concerned about persistent increases in prices

U.S. Deputy Treasury Secretary Faulkender spoke in an interview with Bloomberg TV:

• not concerned about persistent increases in prices
• expects inflation will return to target level
• US economy building foundation to accelerate in H2 this year
• confident that August timeline is earliest we have to worry about X date

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.